Nagarro SE's Management Board and Supervisory Board have recommended that shareholders accept Galaxy Germany Holding SE's voluntary public cash takeover offer, saying the EUR 81.00-per-share price is adequate and fair and supports a strategic partnership with Persistent Systems Limited, which directly controls the bidder. The boards said the offer gives shareholders an immediate exit at a substantial premium, including about 140% above Nagarro's EUR 33.74 Xetra price on June 25, 2026, around 93% above the three-month volume-weighted average price, roughly 112% above the one-month volume-weighted average price, and about 12.5% above the EUR 72.00 median analyst target, a EUR 9.00 premium. The acceptance period began on August 6, 2026 and runs to September 17, 2026, with completion expected in Q4 2026 or Q1 2027 subject to conditions including a 50% plus one share minimum acceptance threshold, merger-control clearances, foreign trade law approvals in several jurisdictions, and Reserve Bank of India clearance under FEMA. The deal is part of a take-private strategy that could be followed by a delisting from the Frankfurt Stock Exchange's regulated market, and the bidder has already secured about 20% of Nagarro through a binding agreement with Lantano Beteiligungen GmbH.